head and shoulders and channel support
Telah dikemas kini
good morning everyone,
on dollar yen the market is still following a rising channel.
we just recently had a decent pullback from the channel's resistance line to channel support,
and now we have a nice buying opportunity anticipating bullish continuation in a rising channel.
for a confirmation,
I will be waiting for a bullish violation of a neckline of this small inversed head and shoulders pattern.
targets will be based on structure:
initial target - 111.6
second target - 112.0
stop will be below head!
good luck!
Dagangan aktif
Nota
Market is going upNota
almost hit the initial target
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